Commercial Refrigeration Equipment Market Size, Share, Growth Analysis, By Type(Refrigerator & Freezer, Transport Refrigeration, Refrigerated Display Cases, Ice Machines), By Refrigerant Type(Fluorocarbons, Hydrocarbons, Inorganics), By System Type(Self-contained, Remotely Operated), By Application(Food & Beverage, Retail Stores, Hotels & Restaurants, Chemicals & Pharmaceuticals), By Region - Industry Forecast 2024-2031

The key participants in the commercial refrigerator equipment industry have been compelled to introduce new and improved product offerings in order to effectively meet consumer demand as a result of the rising usage of sustainable technology equipment. For instance, In January 2022, Carrier Commercial Refrigeration installed their PowerCO2OL refrigeration system in Spain's COVID-19 vaccine storage facility.

The leading players are also focusing on implementing various strategic initiatives to expand their position in the market, such as capacity expansion, partnerships, mergers, and acquisitions. For instance, Whirlpool Corporation announced in November 2021 that it would invest more than US $65 million over the following few years in its factory located in Ottawa, Ohio, in an effort to establish the facility as the Premium Refrigeration Factory. The company will enlarge its Ottawa facility as part of this strategic drive to support the production of high-end refrigeration goods.

Top Player's Company Profiles:

• Carrier Corporation
• Thermo King Corporation
• Hussmann Corporation
• Trane Technologies
• True Manufacturing Company
• Beverage-Air Corporation
• Scotsman Ice Systems
• Manitowoc Ice, Inc.
• Heatcraft Worldwide Refrigeration
• Copeland Corporation
• Danfoss Group
• Emerson Electric Co.
• Foster Refrigerator
• Hoshizaki Corporation
• Victory Refrigeration
• Kolpak
• Master-Bilt Products
• Turbo Air Inc.
• Continental Refrigerator
• Delfield Company

Commercial Refrigeration Equipment Market